Urban One (UONEK) Set to Announce Quarterly Earnings on Thursday

Urban One (NASDAQ:UONEK) is set to announce its earnings results before the market opens on Thursday, August 8th.

Urban One (NASDAQ:UONEK) last posted its quarterly earnings data on Friday, June 7th. The company reported $0.15 earnings per share (EPS) for the quarter. Urban One had a return on equity of 34.66% and a net margin of 2.64%. The business had revenue of $104.41 million for the quarter.

Urban One Trading Up 1.6 %

Shares of UONEK stock traded up $0.02 during mid-day trading on Wednesday, hitting $1.27. 17,593 shares of the company’s stock were exchanged, compared to its average volume of 59,957. Urban One has a fifty-two week low of $1.25 and a fifty-two week high of $5.92. The stock has a 50-day simple moving average of $1.49 and a two-hundred day simple moving average of $2.04. The company has a quick ratio of 2.95, a current ratio of 2.95 and a debt-to-equity ratio of 2.25. The stock has a market cap of $63.08 million, a price-to-earnings ratio of 7.47 and a beta of 0.61.

Urban One Company Profile

Urban One, Inc, together with its subsidiaries, operates as an urban-oriented multi-media company in the United States. The company operates through four segments: Radio Broadcasting, Cable Television, Reach Media, and Digital. The Radio Broadcasting segment includes radio broadcasting operations that primarily target African-American and urban listeners.